Domestic equity industry benchmarks BSE Sensex and Nifty 50 have been staring at a gap-up get started on Wednesday, as recommended by the trends on SGX Nifty in early trade. Nifty futures have been trading 80.50 points or .57 per cent up at 14,161.50 on Singaporean Exchange. Domestic equity stock markets have been closed on Tuesday on account of Republic Day. Market participants will react to the IMF projection of 11.5 per cent development price for India in 2021. It mentioned that this tends to make India the only main economy of the planet to register double-digit development in 2021. Besides, upcoming Union Budget 2021, corporate earnings, oil rates, rupee movement and other international cues will sway the industry sentiment today.
Stocks in concentrate today-
Related News
-
Kotak Mahindra Bank’s net profit increases 16%, asset quality improves
-
Stocks in concentrate: RIL, Yes Bank, Kotak Mahindra Bank, L&T, BPCL, Birla Corp, Apollo Hospital
-
Stocks to purchase ahead of Budget 2021: IRCTC, HUL, Maruti, HCL Tech, more these sectors to be in focus
HUL, Axis Bank: A total of 50 providers which includes Hindustan Unilever Ltd, Axis Bank, ICICI Prudential Life, Marico, United Spirits, Bank of Baroda, Canara Bank, Emami, Nalco, Quess Corp, PNB Housing, Nippon LIfe Asset Management and India Cements, amongst other people are scheduled to announce their October- December quarter benefits on Wednesday.
Kotak Mahindra Bank: Kotak Mahindra Bank’s net profit grew 16 per cent on-year to Rs 1,854 crore in the course of the October-December quarter on larger interest revenue and much better asset top quality. The lender was capable to register a development in the bottom line in spite of a 35 per cent on-year and 62.5 per cent sequential jump in the provisions and contingencies to Rs 599 crore.
Larsen & Toubro: Larsen and Toubro (L&T) reported its highest ever-fresh order intake in a quarter, which jumped 76% year-on-year to Rs 73,233 crore, when the order book stood at a historic higher of Rs 3.13 lakh crore for the October-December 2020 period. The overall performance was backed by the firm winning some large marquee orders in the course of the quarter in the infrastructure segment.
UCO Bank: UCO Bank reported a Rs 35.44-crore net profit for the third quarter, against a net loss of Rs 960.17 crore for the year-ago period, as provisions for non-performing assets (NPAs) declined 76 per cent on-year and the operating profit rose 10 per cent.
Indiabulls Real Estate: IBREL is expecting a net surplus of almost Rs 11,400 crore from its completed and ongoing actual estate projects. In an investor presentation, the firm informed that its new sales bookings stood at Rs 990 crore in the third quarter of this fiscal and Rs 1,359 crore in the course of the April-December period.